Wadi Degla is one of the leading companies in the real estate field. It has always strived to provide the best through its sophisticated residential projects. The company has huge financial investments that enabled it to implement many real estate projects in the North Coast, Ain Sokhna, Hurghada, Maadi, Fifth Settlement, New Cairo and other vibrant places in Egypt until it implemented Promenade Compound in Fifth Settlement which we will talk about now.
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Promenade Compound is one of the most luxurious residential units in Fifth Settlement where there are vast green spaces, gardens, parks surrounding the units while providing all services, facilities and recreational activities that meet the needs of residents and make them feel the luxury of living.
Promenade Compound is located in Fifth Settlement near Road 90 which is one of the important streets in Fifth Settlement that contains many services, restaurants, cafes and various commercial shops. The compound is also characterized by its proximity to Hyde Park Compound in New Cairo, the American University and Cairo Sporting Club. It is also close to all roads and transportation that allow you to reach all parts of Cairo and its suburbs.
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The compound was built on an area of 33 acres with the majority of space allocated to green spaces and the rest for buildings, facilities and services. The compound consists of 900 residential units with various areas between apartments, duplexes and penthouse.
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The price per meter for residential units starts from 13,000 EGP unfinished and 18,000 EGP super luxury finish. You can pay 8% down payment and install the rest of the amount over 10 years while enjoying all the services provided by the compound.
The owning company of Promenade Project in Fifth Settlement is Wadi Degla Real Estate Development, which is one of the leading companies in the real estate field. The company has been keen to provide a new concept for residential life that keeps pace with developments of the current era. As for the company's history, it was established in 2005 and over those years it has implemented many successful real estate projects through which it has become able to compete with the largest real estate companies in Egypt. The company has huge financial investments that enabled it to establish many projects in different cities in Egypt.
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